Remember when

Mike B · 12-05-2005, 08:25 PM

Hey gang,
I was going through some old books, looking for a specific article and came across this ad in an old issue of Shotgun News. I thought it was interesting and wanted to share it with the gang. I blocked out the seller's name and phone number to protect his privacy.
Mike

pipeman45 · 12-05-2005, 09:09 PM

What was the date of that add?
I have to know so I can set it in my Time Machine.

Mike B · 12-05-2005, 09:45 PM

Sorry, I should have included the date. It was dated Sept 1, 1972

Edward Tinker · 12-05-2005, 10:04 PM

i'll take the erfurt, the military/police, the swiss bern....

Pete Ebbink · 12-05-2005, 10:05 PM

Hey Mike,

In 1972...all I was doing was chasing disco babes and not trying to fall off my platform shoes...but those Swiss prices make me cry...

drbuster · 12-05-2005, 10:23 PM

Luger prices, or if you will, luger VALUES, have gone up more than gold, inflation, or just about anything save prime realestate!

Dwight Gruber · 12-05-2005, 11:23 PM

Doc,

You had it right the first time. Luger prices are going up much faster than Luger value.

--Dwight

Lugerdoc · 12-06-2005, 08:45 AM

I can hear this guys thoughts and have hear them many times since: "the price of PO8s have peaked since I bought them for a third of current prices before 1968. I think that I'll get into Nambus while they are still cheap". Big mistake. TH

drbuster · 12-06-2005, 09:11 AM

Dwight, completely understand what you say. It will be interesting to see what the gavel gown prices were for the recent Rock Island Auction. It's also interesting to watch the "on hold" and "sold" signs appear at Simpsons LTD. As long as someone is willing to pay higher prices, the "values" will sooner or later follow. These numbers seem to just go up and up. I don't see that with other collectible firearms, save Colt percussions, SA Armies, some model 1911's and early Winchester rifles, certainly not with Nambus (babies and granpapas excepted).

Navy · 12-06-2005, 10:07 AM

Guys,

The economic realities are this: the kids who grew up watching Vic Morrow and were sons of the "Greatest Generation" have lusted after Lugers for many years. This group is now middleaged and are no longer spending to excess chasing wimmen or buying diapers as the result of successes in chasing wimmen. We have reached the point where many are fortunate enough to have a little disposable income for hobbies.

And when there is a lot of money chasing a fixed supply of any commodity, there is but one result.

Tom A

wlyon · 12-06-2005, 12:04 PM

I was collecting lugers in 1972. However I was also making around $9500 per year. They were still priced beyond what I could readily purchase. We need those prices with todays salary!!!!!

pipeman45 · 12-06-2005, 01:06 PM

Quote:

Originally posted by wlyon
I was collecting lugers in 1972. However I was also making around $9500 per year. They were still priced beyond what I could readily purchase. We need those prices with todays salary!!!!!

I had just been drafted into the Army. Now, how much do you think I was making back then?

Dwight Gruber · 12-06-2005, 01:13 PM

Hate to break anybody's bubble, but this guy was not selling cheap Lugers. Did up the prices accounting for inflation (this http://www.westegg.com/inflation/infl.cgi is a great little inflation calculating tool):

Test Eagle $2,508
Totenkopf $1,710
1921 Police $1,140
1906 Swiss Police $1,824
1918 DWM $752
1900 Swiss $1,938
1913 Erfurt $889
1906 AE .30 $2,052
1906/24 Berne $1,710

With Bill's 1972 inflation-adjusted salary of $43,330 this puts us right about in today's ballpark.

--Dwight (the spoil-sport)

Vlim · 12-06-2005, 02:45 PM

This is why I like collecting old cars as well. Pricing developed a bit differently there.

My car 'stash' would have cost me a whopping 1,1 million dollars twenty-odd years ago. Didn't pay that kind of money when I bought them

Edward Tinker · 12-06-2005, 03:11 PM

yes, but you've "fixed" some of those cars up, haven't you! The time spent and money (guilden) over 20 years makes a difference

Ed

Vlim · 12-06-2005, 03:30 PM

Hi Ed,

It's not that bad. Seriously. I think....

Showoff time: Current project, sofar less than 3,000 spent on it, including purchase of the car (as a gutted wreck, no interior, no gearbox).

Before

During

After painting (the volkwagen van was not used as a donor vehicle

)

Lugerdoc · 12-07-2005, 11:07 AM

Pipeman, does $77/month for an E1 in 1972 sound familiar? With your food & lodging paid (if the army wanted you to have a wife, they would have issued one) you might have had enough left over to purchase a P38 at the time. I know I passed on several that weren't perfect @$50 each. TH

the gunman · 12-07-2005, 11:17 AM

Hi Gerbin nice to have a wealthy friend

trigger643 · 12-08-2005, 12:33 PM

a long time collector that introduced me Lugers told me a good luger always costs a month's wages. What where you making in 1972? 1962? 1982? 1992? and what does a good luger cost these days?

Vlim · 12-08-2005, 01:27 PM

Ed,

We're having an issue with the FN pistols at the moment. The 6,35 pocket pistols can no longer be owned on a permit ('unwanted sidearm') and the 7,65 ones are changing hands for as little as 75 Euros. A large batch was sold to sports shooters some 15 - 20 years ago and now they're just taking up valuable permit space (max of 5 guns over here). Our club already has a donated FN 7,65 ex-customs pistol and another ex-police pistol given to us by club members. (and there's a nice hi-power coming soon).

Richie,
As they say 'he who dies with the most toys wins'.

Mike,
Sorry for plastering your nice thread over with benz images

I think I was getting child's benifits in 1972.

12-05-2005, 08:25 PM	#1
Mike B Lifer Lifetime Forum Patron Join Date: Apr 2005 Location: South Louisiana Posts: 979 Thanks: 1 Thanked 272 Times in 100 Posts	Remember when Hey gang, I was going through some old books, looking for a specific article and came across this ad in an old issue of Shotgun News. I thought it was interesting and wanted to share it with the gang. I blocked out the seller's name and phone number to protect his privacy. Mike

12-05-2005, 09:09 PM	#2
pipeman45 User Join Date: May 2004 Location: Kentucky Posts: 539 Thanks: 0 Thanked 1 Time in 1 Post	What was the date of that add? I have to know so I can set it in my Time Machine. __________________ Dave

12-05-2005, 10:04 PM	#4
Edward Tinker Super Moderator Eternal Lifer LugerForum Patron Join Date: Jun 2002 Location: North of Spokane, WA Posts: 15,966 Thanks: 2,066 Thanked 4,595 Times in 2,116 Posts	i'll take the erfurt, the military/police, the swiss bern.... __________________ Edward Tinker ************ Co-Author of Police Lugers - Co-Author of Simson Lugers Author of Veteran Bring Backs Vol I, Vol II, Vol III and Vol IV

12-06-2005, 08:45 AM	#8
Lugerdoc Patron LugerForum Patron Join Date: Jun 2002 Location: POB 398 St.Charles,MO. 63302 Posts: 5,089 Thanks: 6 Thanked 737 Times in 484 Posts	I can hear this guys thoughts and have hear them many times since: "the price of PO8s have peaked since I bought them for a third of current prices before 1968. I think that I'll get into Nambus while they are still cheap". Big mistake. TH __________________ Tom Heller POB 398 ST.Charles, MO. 63302 Tel 636-447-3006 lugerdoc@charter.net

12-06-2005, 12:04 PM	#11
wlyon Lifer 2X Lifetime Forum Patron Join Date: May 2005 Location: Somewhere in Montana Posts: 2,655 Thanks: 3,212 Thanked 2,619 Times in 971 Posts	I was collecting lugers in 1972. However I was also making around $9500 per year. They were still priced beyond what I could readily purchase. We need those prices with todays salary!!!!! __________________ Bill Lyon

12-05-2005, 09:45 PM	#3
Mike B Lifer Lifetime Forum Patron Join Date: Apr 2005 Location: South Louisiana Posts: 979 Thanks: 1 Thanked 272 Times in 100 Posts	Sorry, I should have included the date. It was dated Sept 1, 1972

12-05-2005, 10:05 PM	#5
Pete Ebbink User Join Date: Jun 2002 Location: The USA Posts: 5,919 Thanks: 0 Thanked 6 Times in 4 Posts	Hey Mike, In 1972...all I was doing was chasing disco babes and not trying to fall off my platform shoes...but those Swiss prices make me cry...

12-05-2005, 10:23 PM	#6
drbuster User Join Date: Jun 2002 Location: San Mateo, California Posts: 1,432 Thanks: 2 Thanked 71 Times in 56 Posts	Luger prices, or if you will, luger VALUES, have gone up more than gold, inflation, or just about anything save prime realestate!

12-05-2005, 11:23 PM	#7
Dwight Gruber User Join Date: Jun 2002 Location: Portland, Oregon Posts: 3,908 Thanks: 0 Thanked 1,330 Times in 435 Posts	Doc, You had it right the first time. Luger prices are going up much faster than Luger value. --Dwight

12-06-2005, 09:11 AM	#9
drbuster User Join Date: Jun 2002 Location: San Mateo, California Posts: 1,432 Thanks: 2 Thanked 71 Times in 56 Posts	Dwight, completely understand what you say. It will be interesting to see what the gavel gown prices were for the recent Rock Island Auction. It's also interesting to watch the "on hold" and "sold" signs appear at Simpsons LTD. As long as someone is willing to pay higher prices, the "values" will sooner or later follow. These numbers seem to just go up and up. I don't see that with other collectible firearms, save Colt percussions, SA Armies, some model 1911's and early Winchester rifles, certainly not with Nambus (babies and granpapas excepted).

12-06-2005, 10:07 AM	#10
Navy RIP Join Date: Jun 2002 Location: Dc 'burbs in Virginia Posts: 2,482 Thanks: 0 Thanked 16 Times in 10 Posts	Guys, The economic realities are this: the kids who grew up watching Vic Morrow and were sons of the "Greatest Generation" have lusted after Lugers for many years. This group is now middleaged and are no longer spending to excess chasing wimmen or buying diapers as the result of successes in chasing wimmen. We have reached the point where many are fortunate enough to have a little disposable income for hobbies. And when there is a lot of money chasing a fixed supply of any commodity, there is but one result. Tom A

12-06-2005, 01:13 PM	#13
Dwight Gruber User Join Date: Jun 2002 Location: Portland, Oregon Posts: 3,908 Thanks: 0 Thanked 1,330 Times in 435 Posts	Hate to break anybody's bubble, but this guy was not selling cheap Lugers. Did up the prices accounting for inflation (this http://www.westegg.com/inflation/infl.cgi is a great little inflation calculating tool): Test Eagle $2,508 Totenkopf $1,710 1921 Police $1,140 1906 Swiss Police $1,824 1918 DWM $752 1900 Swiss $1,938 1913 Erfurt $889 1906 AE .30 $2,052 1906/24 Berne $1,710 With Bill's 1972 inflation-adjusted salary of $43,330 this puts us right about in today's ballpark. --Dwight (the spoil-sport)

12-06-2005, 02:45 PM	#14
Vlim Moderator Lifetime LugerForum Patron Join Date: Oct 2002 Location: Europe Posts: 5,053 Thanks: 1,036 Thanked 3,990 Times in 1,205 Posts	This is why I like collecting old cars as well. Pricing developed a bit differently there. My car 'stash' would have cost me a whopping 1,1 million dollars twenty-odd years ago. Didn't pay that kind of money when I bought them

12-06-2005, 03:11 PM	#15
Edward Tinker Super Moderator Eternal Lifer LugerForum Patron Join Date: Jun 2002 Location: North of Spokane, WA Posts: 15,966 Thanks: 2,066 Thanked 4,595 Times in 2,116 Posts	yes, but you've "fixed" some of those cars up, haven't you! The time spent and money (guilden) over 20 years makes a difference Ed

12-06-2005, 03:30 PM	#16
Vlim Moderator Lifetime LugerForum Patron Join Date: Oct 2002 Location: Europe Posts: 5,053 Thanks: 1,036 Thanked 3,990 Times in 1,205 Posts	Hi Ed, It's not that bad. Seriously. I think.... Showoff time: Current project, sofar less than 3,000 spent on it, including purchase of the car (as a gutted wreck, no interior, no gearbox). Before During After painting (the volkwagen van was not used as a donor vehicle )

12-07-2005, 11:07 AM	#17
Lugerdoc Patron LugerForum Patron Join Date: Jun 2002 Location: POB 398 St.Charles,MO. 63302 Posts: 5,089 Thanks: 6 Thanked 737 Times in 484 Posts	Pipeman, does $77/month for an E1 in 1972 sound familiar? With your food & lodging paid (if the army wanted you to have a wife, they would have issued one) you might have had enough left over to purchase a P38 at the time. I know I passed on several that weren't perfect @$50 each. TH __________________ Tom Heller POB 398 ST.Charles, MO. 63302 Tel 636-447-3006 lugerdoc@charter.net

12-07-2005, 11:17 AM	#18
the gunman User Join Date: Mar 2003 Location: Leland NC 28451 Posts: 1,017 Thanks: 1 Thanked 13 Times in 12 Posts	Hi Gerbin nice to have a wealthy friend

12-08-2005, 12:33 PM	#19
trigger643 User Join Date: Jan 2003 Location: Murfreesboro Posts: 502 Thanks: 0 Thanked 2 Times in 2 Posts	a long time collector that introduced me Lugers told me a good luger always costs a month's wages. What where you making in 1972? 1962? 1982? 1992? and what does a good luger cost these days? __________________ "There are three reasons to own a gun: To protect yourself and your family, to hunt dangerous and delicious animals, and to keep the King of England out of your face." Ã¢?? Krusty the Clown

12-08-2005, 01:27 PM	#20
Vlim Moderator Lifetime LugerForum Patron Join Date: Oct 2002 Location: Europe Posts: 5,053 Thanks: 1,036 Thanked 3,990 Times in 1,205 Posts	Ed, We're having an issue with the FN pistols at the moment. The 6,35 pocket pistols can no longer be owned on a permit ('unwanted sidearm') and the 7,65 ones are changing hands for as little as 75 Euros. A large batch was sold to sports shooters some 15 - 20 years ago and now they're just taking up valuable permit space (max of 5 guns over here). Our club already has a donated FN 7,65 ex-customs pistol and another ex-police pistol given to us by club members. (and there's a nice hi-power coming soon). Richie, As they say 'he who dies with the most toys wins'. Mike, Sorry for plastering your nice thread over with benz images I think I was getting child's benifits in 1972.